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the elected leader should launch and extradited process to enact the legislation that will construct this remark in 2013 and putting powerful, the appropriate defaults and enforcement mechanisms. without a recalibrating sustainable fiscal policy, the united states international standing will decline and its national security will be undermined. such an outcome would be bad for the united states and in our view bad for the world. as pete said, she and i are joined here today with three distinguished individuals hoffa. we made a difference and had to come up with tough solutions to very complex problems. and it's been a privilege for me to be with them in approaching what this coalition and those who are not here today have brought together to try to inject some energy in the right place at the right time. next appear will be senator sam nunn, longstanding german and senate armed services who understands our country and national security as well or better than anybody that i have ever worked with. thanks to pete peterson for getting this group together and for so much else and for mich
the elected leader should launch and extradited process to enact the legislation that will construct this remark in 2013 and putting powerful, the appropriate defaults and enforcement mechanisms. without a recalibrating sustainable fiscal policy, the united states international standing will decline and its national security will be undermined. such an outcome would be bad for the united states and in our view bad for the world. as pete said, she and i are joined here today with three...
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Dec 4, 2012
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they launched their campaigns officially in a general election. two parties, the democratic party of japan and the liberal democratic party, have dominated japanese politics for years. their leaders started off in a place that has been the subject of countless debates. >> translator: this election is about reviving japan, so i wanted to start my campaign here in fukushima. i want to make a new start for japan in the belief that there will be no revival for japan without the recovery of fukushima. this election is about whether we can move forward with what we have to do or turn back the clock and return to the politics of old. >> translator: i will bring the economy out of deflation, correct the high yen, lead economic growth, enrich people's lives, and recover an economy where young people don't have to worry about finding jobs. i'll strengthen social security and will promote the reconstruction of the disaster-hit northeast. we'll aim to take back power by winning a majority along with the new komeito party. >> candidates from the following part
they launched their campaigns officially in a general election. two parties, the democratic party of japan and the liberal democratic party, have dominated japanese politics for years. their leaders started off in a place that has been the subject of countless debates. >> translator: this election is about reviving japan, so i wanted to start my campaign here in fukushima. i want to make a new start for japan in the belief that there will be no revival for japan without the recovery of...
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Dec 7, 2012
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just days after the president's re-election, the f.h.a. released its 2012 actuarial report which revealed that the economic value of the f.h.a. fund has fallen to negative $16 billion. a lot of money. that means the fund's capital reserve ratio, as i understand it, now stands at a negative 1.44%. this news is obviously very disturbing to us and to the secretary. for those of us who have long been concerned about the health of the f.h.a. for years the problems of the federal housing administration have been well-known. during the housing boom, the f.h.a. unwisely, i thought, guaranteed millions of risky mortgages with low down payments to borrowers with poor credit scores. we are reaping that now. these mortgages have resulted in billions of losses to the f.h.a. the federal housing administration has made matters worse, i think, by failing to come to grips with the magnitude, mr. secretary, of the problems. back in 2007, as the federal housing administration's poor financial position was becoming clear to all, including right here in this c
just days after the president's re-election, the f.h.a. released its 2012 actuarial report which revealed that the economic value of the f.h.a. fund has fallen to negative $16 billion. a lot of money. that means the fund's capital reserve ratio, as i understand it, now stands at a negative 1.44%. this news is obviously very disturbing to us and to the secretary. for those of us who have long been concerned about the health of the f.h.a. for years the problems of the federal housing...
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Dec 8, 2012
12/12
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i would note that the president was in cam cambodia after the election, and then he was in burma, and secretary clinton moves throughout the region as well as secretary panetta, and the amount of activities i do and my forces do is a prompt jump than what we did in the past, and we're looking for opportunities to do more exercise. we are doing more of those things already, and that's viz l to the allies. i think it's visible to the partners, and i feel it visible to the region. we oftenment to jump to, well, where's the next aircraft carry your or the submarine. that's the signal. we will, over time, as you've heard secretary panetta say, rebalance towards the pacific, and i mentioned opening remarks. we're rapidly moving the most capable assets into the region because of the ballistic missile defense threats we face and those things, so it's about a holistic approach, and what i do on the military side is just one aspect of it. it's got to be tie into the economic side, what's happening in the diplomatic side, and so we're working hard that accomplishes this strategy. >> a quick ques
i would note that the president was in cam cambodia after the election, and then he was in burma, and secretary clinton moves throughout the region as well as secretary panetta, and the amount of activities i do and my forces do is a prompt jump than what we did in the past, and we're looking for opportunities to do more exercise. we are doing more of those things already, and that's viz l to the allies. i think it's visible to the partners, and i feel it visible to the region. we oftenment to...
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that just took place everybody followed the us elections it was a very tight race between president obama and mitt romney in france we had a new president elected and people followed that in russia there was an election but not much choice and in china there wasn't even the pretended they didn't pretend to elect a new leader they just put someone there and people don't want that people want democracy people want to say people want to play a role in their societies china does not offer that to them in the political sphere and therefore i believe for a long time coming there's not going to be a chinese century while alexander what about the middle class what it would be said about the middle class because that's the power of the west traditionally. yes i mean the middle class is very strong in the west pretty is the right there are problems we have a declining middle class that is something we have to fight but for the time being . we are both the most competitive societies and the most equitable societies if you look at the distribution of income in china in russia in brazil you will
that just took place everybody followed the us elections it was a very tight race between president obama and mitt romney in france we had a new president elected and people followed that in russia there was an election but not much choice and in china there wasn't even the pretended they didn't pretend to elect a new leader they just put someone there and people don't want that people want democracy people want to say people want to play a role in their societies china does not offer that to...
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Dec 4, 2012
12/12
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kunar will not elect, the people will not elect that kind of, those kind of transnational groups to really infest and come back in. >> tell me why, why you think that some to have local dynamics that you've seen that make you think that, um, some of the local folks in kunar perhaps accept these groups because they use force rather than because they share ideology. >> absolutely. coercion is a big piece of this. i mean, there's coercion. we had several groups go into villages and kidnap men and women and hold them hostage so the village would turn and support whatever element that went in there. that happened in kunar. and, actually, that was one of the guys we were chasing down pretty hard the entire time we were there. he was just an absolute sociopath. but i think more it's from what i saw al-qaeda or whomever comes in there and tries to take over the whole province is going to have to resort to a spectrum of violence that is unbecoming a long-term solution for the citizens of kunar. they're not going to put up with that. i think there's a spectrum they're absorbing right now. i don't se
kunar will not elect, the people will not elect that kind of, those kind of transnational groups to really infest and come back in. >> tell me why, why you think that some to have local dynamics that you've seen that make you think that, um, some of the local folks in kunar perhaps accept these groups because they use force rather than because they share ideology. >> absolutely. coercion is a big piece of this. i mean, there's coercion. we had several groups go into villages and...
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Dec 10, 2012
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representation and articulation of goals to an elected -- elected -- a transitional government and then an elected government, both on the national and the local level, and that's -- you don't see that elsewhere, at least not in that striking as a fashion. in the rest of the book, i talk about the personality of gadhafi, what motivated him, and people argue that the personalities of the dictators themselves don't matter. in the case of libya, that's not quite true. gadhafi was a mercurial, i believe a quite intelligent person who had certain fixations and -- i'll try to be diplomatic here because -- [laughter] there's a lot of strangeness there that motivated his behavior in ways which i think were so bizarre that many of the people who are looking at this from the u.s. policy side -- felt, in a way, they were accustomed to the way of thinking about things, and that posed problems when you try to anticipate what he was going to do or respond to him. for example, you know, after the 1986 bombing in benghazi and tripoli, gadhafi was rumored to have gone into a tremendous funk for a period
representation and articulation of goals to an elected -- elected -- a transitional government and then an elected government, both on the national and the local level, and that's -- you don't see that elsewhere, at least not in that striking as a fashion. in the rest of the book, i talk about the personality of gadhafi, what motivated him, and people argue that the personalities of the dictators themselves don't matter. in the case of libya, that's not quite true. gadhafi was a mercurial, i...
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>> i think he is emboldened by the election returns obviously and emboldened by the polls showing public and higher tax rates on the rich that he has become much less willing to compromise and republican sources. the thing that really sticks in with a lot of republicans, we want to give up the debt ceiling and want to extend that for five years. i can guarantee that it's not going to happen. i believe this is the only leverage they have in terms of getting the president to cut spending is to use the debt card, and i heard the little clip you played, but i don't believe the republican would do this. melissa: john boehner and the president has accomplished more than what they're letting on. >> i don't think they're publishing a whole heckuva lot. republicans may very well go along with that deal. they may just throw their hands up and say we can't negotiate anything. it will give the president what he wants o on the taxes and goig to 2013 was perhaps saying we gave your texas and now what do we do? that is becoming a bit of a consensus. melissa: what is the president doing in detroit? in a
>> i think he is emboldened by the election returns obviously and emboldened by the polls showing public and higher tax rates on the rich that he has become much less willing to compromise and republican sources. the thing that really sticks in with a lot of republicans, we want to give up the debt ceiling and want to extend that for five years. i can guarantee that it's not going to happen. i believe this is the only leverage they have in terms of getting the president to cut spending is...
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Dec 8, 2012
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if there were elections, the elections could be held in the mauritania refugee camp, supervised by the unacr are with their assistance. this has happened before in other polices. and those who are in the south as displaced persons could also be identified so that they could vote. it's not ideals, but in fact it could occur. historically, the north has voted in a smaller percentage than -- of the population than any of the other zone and we skiment that -- that it in the last national elections accounted for a very, very large -- small percentage of the national turnout. the north must be included because we believe that aside from the aqim threat, there is a legitimate concern that people in the north have not benefited the way people in the south have from education, from health care, infrastructure, so they must be accommodated because this is important, but we don't think that the movement toward the restoration of democracy should be held hostage to a complete military victory in the north. that's a date that is uncertain and we may not know it. and there were -- it was tremendous
if there were elections, the elections could be held in the mauritania refugee camp, supervised by the unacr are with their assistance. this has happened before in other polices. and those who are in the south as displaced persons could also be identified so that they could vote. it's not ideals, but in fact it could occur. historically, the north has voted in a smaller percentage than -- of the population than any of the other zone and we skiment that -- that it in the last national elections...
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it will not be a 57/30 election. >> it always tightens. i'm curious about the other side since you're talking about 2008. marco rubio and paul ryan both spoke at this dinner and they were -- these were speeches where they're trying to define themselves as who they are. both probably going to run in 2016. how would a rubio/ryan stack up against a hillary clinton? in a sense it sort of feels like 2008 reversed, right, except for experience would come on the democratic side with hillary and the youth and this sort of idealism might perhaps come from a rubio or ryan on the republican side? >> well, if i look at that poll you were referring to, hillary clinton is the overwhelming favorite among young people, especially young women. young people and young women, clearly they're going to help determine future elections. look, i think paul ryan and marco rubio, are trying to rebrand themselves and recast the republican party as a party of diversity and, perhaps, big ideas and a larger goalpost. i want to also say this because i have to say this as
it will not be a 57/30 election. >> it always tightens. i'm curious about the other side since you're talking about 2008. marco rubio and paul ryan both spoke at this dinner and they were -- these were speeches where they're trying to define themselves as who they are. both probably going to run in 2016. how would a rubio/ryan stack up against a hillary clinton? in a sense it sort of feels like 2008 reversed, right, except for experience would come on the democratic side with hillary and...
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Dec 6, 2012
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president, you won the election, you want more taxes, we're willing to do that. we don't want to do it, we think it will hurt the economy, but we're willing to do it. but to minimize the damage on the economy, at least do it through eliminating these loopholes, these so-called deductions and credits and special provisions. don't try to do it by raising tax rates because that directly hits the small business that you're trying to help create jobs right now. here is what small businesses care about. like i said, you have a dad and his two sons. maybe mom does the accounting for the firm and so on. they have to be concerned about the estate tax. the small businesses spend a lot of money trying to plan around paying the estate tax. on january 1 if we don't do anything, there is only a million dollars exempted. if you have a small business with a bunch of trucks and equipment and like, you're going to have far more than a million dollars in assets in the business. same thing for a farm. and what happens is that rate goes up to 55%, the amount exempted is only a millio
president, you won the election, you want more taxes, we're willing to do that. we don't want to do it, we think it will hurt the economy, but we're willing to do it. but to minimize the damage on the economy, at least do it through eliminating these loopholes, these so-called deductions and credits and special provisions. don't try to do it by raising tax rates because that directly hits the small business that you're trying to help create jobs right now. here is what small businesses care...
SFGTV2: San Francisco Government Television
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Dec 8, 2012
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explaining to them what they wanted the outcome of that election to be. thises was an unacceptable form of military coercion and both the general and i agreed that a strong response was needed by the united states, something more than a diplomatic letter of protest. after some discussion we agreed to send two carrier battle groups to taiwan. within an hour the president had approved our recommendation and before the day was over, though carrier battle groups were underway steaming to taiwan. at a press conference the next day, i was asked would i not fear this would lead to military clash with china. i said, i was not concerned of that. and when asked why, i said, i think, well, because we have the best damn navy in the world. this was not an extravagant or hyper bolic statement t. was simply a statement of fact. it was a fact that not only i knew. it was a fact which other nations understood. even one carrier battle group had more military fire power than any other nation's entire navy, and we had two of them on the way to taiwan. so, i was confident tha
explaining to them what they wanted the outcome of that election to be. thises was an unacceptable form of military coercion and both the general and i agreed that a strong response was needed by the united states, something more than a diplomatic letter of protest. after some discussion we agreed to send two carrier battle groups to taiwan. within an hour the president had approved our recommendation and before the day was over, though carrier battle groups were underway steaming to taiwan. at...
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Dec 3, 2012
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election and iphone 5. and while the most searched person of the year was kim kardashian, this is according to yahoo! search engine, kate middleton and political polls also made the top ten list. so here is a simple question for you today. what dunk were the most interesting stories this year or the most interesting story, the election, the owe almost picks, the ongoing saga in greece. let us thouknow. worldwide at cnkrchlt nbcnbc.co. >>> starbucks is changing the way it pays taxes in the uk this after harsh criticism of tax avoidance from the british government. more when we come back. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> words of caution from the bank of japan chief at forum in tokyo. the governor said central bankers need to take a long term policy perspective if they want sustainable gr
election and iphone 5. and while the most searched person of the year was kim kardashian, this is according to yahoo! search engine, kate middleton and political polls also made the top ten list. so here is a simple question for you today. what dunk were the most interesting stories this year or the most interesting story, the election, the owe almost picks, the ongoing saga in greece. let us thouknow. worldwide at cnkrchlt nbcnbc.co. >>> starbucks is changing the way it pays taxes in...
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Dec 10, 2012
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this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happens next? >> good morning to you, kelly. here is the time frame for you. over the next few weeks, we're expecting the budget stability law to be passed. neither of the political parties will want to be blamed for bringing down the stability of italy, so they will pass that over the next week. once that is passed, mr. mon at the said he would step down. that will happen likely around new year's. and then the president will have to dissolve the parliament and between 45 and 70 days after the parliament is dissolved, new elections will take place and that probably takes us to february 2014. and, kelly, that is two months before the actual elec
this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happens next? >> good morning to you, kelly. here is the time frame for...
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Dec 4, 2012
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international relationship, i don't think that that kind of thing -- >> what matters is japan does have election on the summer 16th. are they worried about china trying to put together a leader democracy in the region including india because that was his strategy that if you put together things, much more like your when you think, i know you can't in your position talk one way or another about prime minister but this notion about a strategic -- is japan really need to invest in structures that balance -- are you worried that given your experience you have to balance china much more vigorously than you did in the past? >> yes. most frequently you ask question for japanese people is whether we regard china as a threat or a chance for an hour and should is would like to see china development as a chance rather than threat. >> what you think will really happen? >> there is a assumption that china continues to be kind of international stakeholder, stakeholder, international community. international order and they respect the communication with the other countries. on the assumption i think we can wel
international relationship, i don't think that that kind of thing -- >> what matters is japan does have election on the summer 16th. are they worried about china trying to put together a leader democracy in the region including india because that was his strategy that if you put together things, much more like your when you think, i know you can't in your position talk one way or another about prime minister but this notion about a strategic -- is japan really need to invest in structures...
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they cast ballots next sunday in a general election. when japan decides voters will be picking lawmakers for the lower house of the diet. the winning party or parties will form the country's next government. voters have a lot to think about. >>> a search for active earthquake faults may lead to the scrapping of one of them. the implications run deep for japan's nuclear policy. we have the story. >> reporter: 17 commercial nuclear plants in one major test reactor have been built in japan. the nuclear regulation authority was formed after last year's disaster to monitor their safety. experts at the authority are trying to determine if any of the reactors lie above active fault lines. the plan in central japan is known to have an active fault running close by. the fault is called urasoko. another fault called d-1 intersecretaries with the urasoko fault. a team of experts dug up the ground at the plant so they could inspect the fault directly. the government panel examined the results of the so-called trench survey. panel members said on mo
they cast ballots next sunday in a general election. when japan decides voters will be picking lawmakers for the lower house of the diet. the winning party or parties will form the country's next government. voters have a lot to think about. >>> a search for active earthquake faults may lead to the scrapping of one of them. the implications run deep for japan's nuclear policy. we have the story. >> reporter: 17 commercial nuclear plants in one major test reactor have been built...
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as we learned in the election there's way to look at polls and say i see this. nobody argues when you look at polls about same-sex marriage it's going on a line toward more and more support. younger people favor this. that suggests 10 years, 20 years. everybody knows our country is moving towards this and the only question is what are the very next steps. >> and while you in your open letter i guess to bill clinton say it's time for you to apologize for what you did. doma was an unacceptable piece of legislation, distasteful then, it is beyond distasteful at this point. i'll read an excerpt. and you put it in the context of hillary running for office potentially in 2016. the two of you should be a more integral part of that pride, at the very epicenter of this. it's strange and sad you're not. >> it is sad to me. i think in hillary's case this moved after she went into the secretary of state job. there's a kind of etiquette and tradition of the secretary of state not wading into domestic political matters. i frankly -- i shouldn't say frankly. >> you're definite
as we learned in the election there's way to look at polls and say i see this. nobody argues when you look at polls about same-sex marriage it's going on a line toward more and more support. younger people favor this. that suggests 10 years, 20 years. everybody knows our country is moving towards this and the only question is what are the very next steps. >> and while you in your open letter i guess to bill clinton say it's time for you to apologize for what you did. doma was an...
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it was a key issue in the election. and remember, it's unsustainable i think politically for boehner, forget the economics of this. i know people say that should be the only issue here. let's talk about the politics of it. it is unsustainable for boehner and the republicans to be in a position where they are blocking a tax cut for 98% of the americans because they want it protect tax rates of the top 2%. that may be right or wrong on its merits but politically seems pretty clear. you see more and more conservatives and republican office holders who are caving on that. maybe it wouldn't go up whole 4 1/2% from to 39% from 35.6 but i think it goes up to 37%. here's the point. in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll n
it was a key issue in the election. and remember, it's unsustainable i think politically for boehner, forget the economics of this. i know people say that should be the only issue here. let's talk about the politics of it. it is unsustainable for boehner and the republicans to be in a position where they are blocking a tax cut for 98% of the americans because they want it protect tax rates of the top 2%. that may be right or wrong on its merits but politically seems pretty clear. you see more...
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salafist they've gotten a majority in the parliament with allies of course they've got the president elected with allies and now some of his allies have abandoned him but they don't have the strength to organize and reach out to citizens the way the muslim brotherhood so this looks like a recipe for a long. civil uprising against the government i am not sure that this is going to go immediately into what people think could be a civil war on less acts of violence are going to continue day after day and that's what there's no morsi was concerned about. the past to europe's heart begins under the black sea thank you use such it's natural gas six times russia began selling you might climb the weight of the sand on the european union that's actually. the chemicals karren syria is receiving a skeptical response not only from assad's government but now the very people seeking to bring him down as in a rebel official has dismissed washington's reports that assad was on an chemical warheads saying it was all part of a major game but as he's going at each account ports now even fabricated allegations
salafist they've gotten a majority in the parliament with allies of course they've got the president elected with allies and now some of his allies have abandoned him but they don't have the strength to organize and reach out to citizens the way the muslim brotherhood so this looks like a recipe for a long. civil uprising against the government i am not sure that this is going to go immediately into what people think could be a civil war on less acts of violence are going to continue day after...
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others were not elected. there is a growing number he thinks he can do this, and that is why a lot of republicans have moved toward the simpson-bowles type of tax reform plan when you are lowering rates, but be able to raise revenues by broadening we will see how things move forward. host: here is the headline. there remain pessimistic about a deal that dated back on the 28. forward. here is a piece speaking in washington. [video clip] >> i think you will see economic growth slowed by as much as 3% to 5%. it will throw another 2 million people out of work. unemployment will go to 9%. i think it is about a third that will go over the cliff. people will go there very quickly for lots of different reasons. you will see the numbers in the fourth quarter. i think the real problem is if we do not get a deal right away. that will lead to chaos. host: chaos he says. guest: i think it is a fair assessment to say there is a chance we might go off the cliff. if we do, it is not for a long cliff. i am a little more optim
others were not elected. there is a growing number he thinks he can do this, and that is why a lot of republicans have moved toward the simpson-bowles type of tax reform plan when you are lowering rates, but be able to raise revenues by broadening we will see how things move forward. host: here is the headline. there remain pessimistic about a deal that dated back on the 28. forward. here is a piece speaking in washington. [video clip] >> i think you will see economic growth slowed by as...
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newbie's elections and that this is an internal matter to try and really build votes b. and that's when you know who government is same sees this but and perhaps i should say not just in the time yahoo government but many israelis feel that it was a one sided resolution that was put forward at the united nations and the point being made by the government is that they cannot be any kind of human left to reach on the palestinian side the needs to first be negotiations and only then can that lead to talks there needs to be direct talks between both sides. tensions are rising off the turkey scrambled fighter jets to its border the syrian warplanes bombed rebel positions to discuss the syrian conflict in the face of a widening rift between the two as president putin visits will turkey has also to deploy patriot missiles on its border with syria says the move will only provoke. what he's really good reports from istanbul. and the latest incident on the turkish syrian border several of the shells from the bombs released by the syrian air force and their attempt to exterminate.
newbie's elections and that this is an internal matter to try and really build votes b. and that's when you know who government is same sees this but and perhaps i should say not just in the time yahoo government but many israelis feel that it was a one sided resolution that was put forward at the united nations and the point being made by the government is that they cannot be any kind of human left to reach on the palestinian side the needs to first be negotiations and only then can that lead...
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they're going to help determine future elections. i think paul ryan and marco rubio, they're trying to rebrand themselves and recast the republican party as a party of diversity and perhaps big ideas and a larger goal post. but i want to say this because i have to say this as vice chair of the party. as you know, the democratic party has a large and broad and deep base including vice president biden, who's done a terrific job in his capacity as the second in command, but also, we have governors. a lot of diversity. duval patrick and we can all look as governor cuomo, you have elizabeth warren that might be considered presidential. so i don't want to throw all our eggs in one basket because there are so many wonderful people. martin o'malley, for example, the governor of colorado. like the republicans, this will be a large field of candidates, but there's fo question if secretary of state hillary clinton decided to throw her gloves into the race, game on. >> she got a lot of competition. >> david frum, you think the republican party's
they're going to help determine future elections. i think paul ryan and marco rubio, they're trying to rebrand themselves and recast the republican party as a party of diversity and perhaps big ideas and a larger goal post. but i want to say this because i have to say this as vice chair of the party. as you know, the democratic party has a large and broad and deep base including vice president biden, who's done a terrific job in his capacity as the second in command, but also, we have...
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Dec 5, 2012
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. >>> now over to japan, where election timing may spell budget delays. we have the story from tokyo. >> the election campaign has officially kicked off in japan, but there are worries the budget is not likely to be ready pi the end of this year. they will likely call a special session to elect a new prime minister, then select a cabinet before moving on to budget matters. once they reconvene in january, the new government would likely pass the supplementary budget first before submitting its fiscal 2013 plan in february. so a senior lawmaker predicts that the fiscal 2013 budget will not actually pass until mid may. that's more than a month into the new fiscal year. and if the government can't get the job done by the end of march, a provisional budget will be needed. opinion polls show the gap between the ldp and the ruling democratic party has been narrowing. that means if the ldp can't get their majority, these bills could be delayed even more. back to you, ross. >> all right, thanks for that. that's the late fres the nikkei. still to come, the business
. >>> now over to japan, where election timing may spell budget delays. we have the story from tokyo. >> the election campaign has officially kicked off in japan, but there are worries the budget is not likely to be ready pi the end of this year. they will likely call a special session to elect a new prime minister, then select a cabinet before moving on to budget matters. once they reconvene in january, the new government would likely pass the supplementary budget first before...
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Dec 6, 2012
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because you elect you. you elect scott. now they did elect liberal senator there and they're all over the place. i just don't know why florida, virginia, ohio, colorado -- colorado, i kind of know. why the republican message didn't resonate. i don't understand why the republican message did not resonate in those states. >> well, i can't speak to those other states in detail but i can tell you about florida that there is a tremendous amount of anxiety from people that feel like they are never going to make it to the middle class. they are never going to move ahead in life and leave their children better off. our challenge for those of us like me who believe and know that limited government is the right way forward and that the free enterprise system is the only solution of doing a job of communicating that taking our principles and applying it to their hopes and dreams. our take on this is spret were straightforward. it's not by making rich people poorer it's by making poor people richer. that's what our government is all ab
because you elect you. you elect scott. now they did elect liberal senator there and they're all over the place. i just don't know why florida, virginia, ohio, colorado -- colorado, i kind of know. why the republican message didn't resonate. i don't understand why the republican message did not resonate in those states. >> well, i can't speak to those other states in detail but i can tell you about florida that there is a tremendous amount of anxiety from people that feel like they are...
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and the two front-runners of the presidential election race agree. park geun-hye of the ruling saenuri party says the stipend should be raised to nearly $190 per person. >> translator: i want to increase the proportion of middle-class people in south korea to 70% and rebuild society. >> park's main opponent, moon jae-in, of the opposition democratic united party, wants to institute a stipend of $180 for everyone 65 or older regardless of their income. >> translator: social welfare is not a benefit. it is the state's duty to provide it and a citizen's right to receive it. >> but some analysts argue reserve funds for the national pension system will run out in the 2050s. so it's unclear how south korea's next president will be able to offer citizens a bigger pension. >>> a secret coded letter written by french emperor napoleon bonaparte during his ill-fated 1812 russian campaign has fetched ten times the expected bid at auction. the letter was sold for 187,500 euros, or more than $240,000, at an auction outside paris on sunday. napoleon wrote of his pl
and the two front-runners of the presidential election race agree. park geun-hye of the ruling saenuri party says the stipend should be raised to nearly $190 per person. >> translator: i want to increase the proportion of middle-class people in south korea to 70% and rebuild society. >> park's main opponent, moon jae-in, of the opposition democratic united party, wants to institute a stipend of $180 for everyone 65 or older regardless of their income. >> translator: social...
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the election is done, what will we hear tomorrow? >> i think we are going to hear very tepid job growth, they will likely blame it on sandwich give them a good excuse right now. i think the market will react like it is today. everyone is this availing the economic data and the fiscal cliff. what is more important is how the jobs data affect negotiations on the fiscal left. it is up for jobs report tomorrow it will affect the negotiations and there will be urgency to get something done because everyone concerned about getting jobs. it nicole: everyone is concerned about jobs. back to you. ashley: thank you so much. back in 15 minutes. like a rudderless ship floating in the ocean, the markets description of the day. tracy: poetic. this is not. housing and urban development secretary shaun donovan on hot seat on capitol hill is grilled on the f h a and whether taxpayers foot the bill for multibillion-dollar bailout. gerri willis has this story. we have been waiting for this. gerri: that is will be looking at. off the top of my head. sha
the election is done, what will we hear tomorrow? >> i think we are going to hear very tepid job growth, they will likely blame it on sandwich give them a good excuse right now. i think the market will react like it is today. everyone is this availing the economic data and the fiscal cliff. what is more important is how the jobs data affect negotiations on the fiscal left. it is up for jobs report tomorrow it will affect the negotiations and there will be urgency to get something done...
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Dec 7, 2012
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he's caught between the elected obama and the ufrn elected norquist crossfire. there's not a lot of room to maneuver in that space. tuesday we've got two big investor meetings. first there's dell world. dell world? i like kirby's fourth world. there's dell world. is the risk taken out of this one now? it's down so low. or does it even matter? deleveraged buyout as goldman hinted in its sell-buy research upgrade this week? second, there's a -- how many times can you tell us that monster drinks aren't any worse and may actually be better than a cup of joe from starbucks? let us count the ways that this analyst meeting slash lovefest, they will tell you that there's no better way to preserve your heart than to drink a taste of monster every morning. now, analysts will be plenty hopped up when they come out of this meeting because they'll be recommending this stock in high-speed fashion. next on wednesday we're going to get the results from joy global. here's the company that has the best read on chinese growth of all the companies i follow. in fact, joy global call
he's caught between the elected obama and the ufrn elected norquist crossfire. there's not a lot of room to maneuver in that space. tuesday we've got two big investor meetings. first there's dell world. dell world? i like kirby's fourth world. there's dell world. is the risk taken out of this one now? it's down so low. or does it even matter? deleveraged buyout as goldman hinted in its sell-buy research upgrade this week? second, there's a -- how many times can you tell us that monster drinks...
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Dec 10, 2012
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you won the election. give you $800 billion but find it in a way with less of an impact. >> despite what corker and coburn -- they're senator, not house republicans. >> there is a difference between house and senate on this. you have rand paul saying give the president the tax rate and let him live with consequences. the house republicans will try to find a way to give him the money he wants. $800 billion. i don't think this is serious when the president walked in. >> bret: that is not going to sell on the democratic side. anything that doesn't raise rates. >> doesn't raise rates won't happen. >> bret: turn to spending. we talked about taxes, we have not talked about the spending. where is the spending that the republicans compromise wise think they need to get to? >> look. let's be clear about this. the republicans view this as ap. if you take a look at outlays, in 2008, when we went in the economic difficulty; fy-08 there were $2.9 trillion in outlays. today it's $3.8 trillion in fy-13. revenues $2.5 in
you won the election. give you $800 billion but find it in a way with less of an impact. >> despite what corker and coburn -- they're senator, not house republicans. >> there is a difference between house and senate on this. you have rand paul saying give the president the tax rate and let him live with consequences. the house republicans will try to find a way to give him the money he wants. $800 billion. i don't think this is serious when the president walked in. >> bret:...
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Dec 8, 2012
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after the elections last month the number of states authorizing the same sex marriage increased to 9. >> well as washington tries to solve the country's debt problems, law i can makers are using greece as an example of what could happen here. but republicans and democrats are taking away two lessons on how to avoid the same greek tragedy. mike emmanuel takes a look at that. >> republicans frequently argue it is critical to get a handle on the nation's deficits before the u.s. becomes like greece. there a terrible economy with 26% unemployment, the highest in europe, and almost no job opportunities for young people frequently lead to riots in the streets. now here a leading democrat is suggesting cutting spending too quick -- too quickly is the real problem. >> the community is concerned about all of their as you teary too. there are many things you can do to reduce debt, but still have a a -- an aspect of the economy. >> some say europe's austerity is a drag on economic growth because it relies on taxation while failing to rein in the expansion of government. and that would seem to ba
after the elections last month the number of states authorizing the same sex marriage increased to 9. >> well as washington tries to solve the country's debt problems, law i can makers are using greece as an example of what could happen here. but republicans and democrats are taking away two lessons on how to avoid the same greek tragedy. mike emmanuel takes a look at that. >> republicans frequently argue it is critical to get a handle on the nation's deficits before the u.s....
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Dec 8, 2012
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he's caught between the elected obama and the unelected norquist crossfire. there's not a lot of room to maneuver in that space. tuesday we've got two big investor meetings. first there's dell world. dell world? i like kirby's fourth world. there's dell world. is the risk taken out of this one now? it's down so low. or does it even matter? deleveraged buyout as goldman hinted in its sell-buy research upgrade this week? second, there's a -- how many times can you tell us that monster drinks aren't any worse and may actually be better than a cup of joe from starbucks? let us count the ways that this analyst meeting slash lovefest, they will tell you that there's no better way to preserve your heart than to drink a taste of monster every morning. now, analysts will be plenty hopped up when they come out of this meeting because they'll be recommending this stock in high-speed fashion. next on wednesday we're going to get the results from joy global. here's the company that has the best read on chinese growth of all the companies i follow. in fact, joy global call
he's caught between the elected obama and the unelected norquist crossfire. there's not a lot of room to maneuver in that space. tuesday we've got two big investor meetings. first there's dell world. dell world? i like kirby's fourth world. there's dell world. is the risk taken out of this one now? it's down so low. or does it even matter? deleveraged buyout as goldman hinted in its sell-buy research upgrade this week? second, there's a -- how many times can you tell us that monster drinks...
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Dec 7, 2012
12/12
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MSNBCW
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these are all the people who helped elect him four years ago. he's not reaching out as far as we know to business leaders and other foreign policy experts. talk of chuck hagel. we believe he's been vetted. possibly for the pentagon or cia. we don't know how serious that is. so far, it's all the same circle. >> that's right. >> musical chairs. >> musical chairs. the knock a lot of people in washington give to the obama white house it is too insular and he doesn't pull the kinds of expertise he needs into this white house. there's an opportunity in this second term for him to shake things up a little bit. you know, maybe to bring in new players, new faces who have been there from the clinton white house, and kind of help the dynamic and help the governing because a lot of people on capitol hill even democrats will tell you, he's not good at governing and building coalitions. maybe if he brought some folks in who knew how to do that there would be more give and take on the fiscal cliff issue, on the tax reform and entitlement reforms that we get ne
these are all the people who helped elect him four years ago. he's not reaching out as far as we know to business leaders and other foreign policy experts. talk of chuck hagel. we believe he's been vetted. possibly for the pentagon or cia. we don't know how serious that is. so far, it's all the same circle. >> that's right. >> musical chairs. >> musical chairs. the knock a lot of people in washington give to the obama white house it is too insular and he doesn't pull the kinds...
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Dec 6, 2012
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the recent georgian elections threaten to radically reorient georgia which under their president has been reliably pro-western. a reorientation might accompany its shift to moscow. georgia is not the only company in play. while there remain sectarian tensions between turkey and iran, it would be a mistake for mesh policymaker -- american policymakers to assume turkey will cooperate with the west. to dismiss turkish outreach to iran as simply economic opportunism misses the point. across administrations, u.s. strategy is too often reactive rather than proactive. the lack of a strategy to roll back iranian influence in the caucuses increasingly proves the iranian chess and checkers quip correct. thank you very much. >> thank you very much, doctor. mr. vatanka. >> thank you very much, chairman burton, members of the committee. thank you very much for having me here this afternoon. it's an honor to join you. i wanted to focus on iran's failures to project its influence in the south, to the south caucuses region, if i may. as been said, iran has deep roots in this part of the world. it is
the recent georgian elections threaten to radically reorient georgia which under their president has been reliably pro-western. a reorientation might accompany its shift to moscow. georgia is not the only company in play. while there remain sectarian tensions between turkey and iran, it would be a mistake for mesh policymaker -- american policymakers to assume turkey will cooperate with the west. to dismiss turkish outreach to iran as simply economic opportunism misses the point. across...
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Dec 6, 2012
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media reports suggesting opposition party could win a solid majority the next election. so what is the -- on the yen side of that trade, what are you forecasting? >> the market is aware of that and the opposition party if they do win, they could pressure the boj to try to do more in qe and that would tend to weaken the yen. so the yen is a carry trade back into play over the last one month and shorts have increased significantly over the last one month. so i think that as well as the better macro story in asia has led to quite a few carry trades against the yen and the yuan being one where it has outperformed the yen significantly over the past two, three months. >> south korea sort of dumping a lot of the currency in november, trying to slow the rally. are they going to be anymore successful than they have been? >> it's a mixture of that as well as attempts to reduce speculative lays on the forward so they have for example reduce d the cap on swaps outstanding. but i think players are a mixture of real players and if you do believe that the global economy is on a better
media reports suggesting opposition party could win a solid majority the next election. so what is the -- on the yen side of that trade, what are you forecasting? >> the market is aware of that and the opposition party if they do win, they could pressure the boj to try to do more in qe and that would tend to weaken the yen. so the yen is a carry trade back into play over the last one month and shorts have increased significantly over the last one month. so i think that as well as the...
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even tougher election for sheldon adelson because you know mogul who spent more money on this election than any american in any election in history actually spent more than we all previously thought according to republican fundraisers able to drop as much as one hundred fifty million bucks into the selection and today he has absolutely nothing to show for it is currently facing two federal investigations into his international business where it's allegedly violated the foreign corrupt practices act by bribing chinese officials had previously ended that he was supporting romney to in hopes of putting an end to president obama's justice department investigations ultimately he failed however thanks to the supreme court citizens united decision we the people have an even more serious problem with our democracy than just an eccentric billionaire spending a. fortune to divert attention away from his own problems we now have to worry about foreign entities meddling in our elections as investigative reporter leaf fall of the nation uncovered the nation's largest oil lobby group the american pe
even tougher election for sheldon adelson because you know mogul who spent more money on this election than any american in any election in history actually spent more than we all previously thought according to republican fundraisers able to drop as much as one hundred fifty million bucks into the selection and today he has absolutely nothing to show for it is currently facing two federal investigations into his international business where it's allegedly violated the foreign corrupt practices...